Optas LLC Sells 9,354 Shares of Intel Corporation $INTC

Optas LLC trimmed its position in shares of Intel Corporation (NASDAQ:INTC) by 29.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 22,460 shares of the chip maker’s stock after selling 9,354 shares during the period. Optas LLC’s holdings in Intel were worth $503,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of INTC. Wedmont Private Capital bought a new position in Intel during the first quarter valued at $418,000. Farther Finance Advisors LLC boosted its holdings in shares of Intel by 18.5% in the first quarter. Farther Finance Advisors LLC now owns 91,303 shares of the chip maker’s stock worth $2,013,000 after acquiring an additional 14,274 shares during the period. Harbor Capital Advisors Inc. boosted its holdings in shares of Intel by 36.3% in the first quarter. Harbor Capital Advisors Inc. now owns 75,627 shares of the chip maker’s stock worth $1,717,000 after acquiring an additional 20,152 shares during the period. Wealthcare Advisory Partners LLC boosted its holdings in shares of Intel by 56.7% in the first quarter. Wealthcare Advisory Partners LLC now owns 58,354 shares of the chip maker’s stock worth $1,325,000 after acquiring an additional 21,105 shares during the period. Finally, Simplicity Wealth LLC bought a new position in shares of Intel in the first quarter worth $1,298,000. 64.53% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

INTC has been the subject of a number of analyst reports. Barclays raised their price target on Intel from $19.00 to $25.00 and gave the stock an “equal weight” rating in a report on Friday, September 19th. New Street Research increased their price objective on Intel from $23.00 to $32.00 in a research report on Friday, September 19th. Erste Group Bank upgraded Intel from a “sell” rating to a “hold” rating in a research report on Monday, September 22nd. Northland Securities increased their price objective on Intel from $28.00 to $42.00 in a research report on Friday, September 19th. Finally, Citigroup reiterated a “sell” rating and issued a $29.00 price objective (up previously from $24.00) on shares of Intel in a research report on Friday, September 19th. Two analysts have rated the stock with a Buy rating, twenty-three have assigned a Hold rating and seven have assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Reduce” and an average price target of $26.30.

Intel Stock Up 0.7%

Shares of NASDAQ:INTC opened at $37.43 on Thursday. The stock’s 50-day moving average price is $26.46 and its 200-day moving average price is $23.06. Intel Corporation has a 12-month low of $17.67 and a 12-month high of $38.68. The stock has a market capitalization of $163.83 billion, a P/E ratio of -7.85 and a beta of 1.33. The company has a current ratio of 1.24, a quick ratio of 0.92 and a debt-to-equity ratio of 0.42.

Intel (NASDAQ:INTC) last announced its quarterly earnings data on Thursday, July 24th. The chip maker reported ($0.10) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.11). Intel had a negative net margin of 38.64% and a negative return on equity of 3.78%. The company had revenue of $12.86 billion for the quarter, compared to the consensus estimate of $11.88 billion. During the same period last year, the business posted $0.02 earnings per share. The firm’s quarterly revenue was up .5% compared to the same quarter last year. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. On average, equities analysts anticipate that Intel Corporation will post -0.11 earnings per share for the current year.

Intel Profile

Intel Corporation designs, develops, manufactures, markets, and sells computing and related products and services worldwide. It operates through Client Computing Group, Data Center and AI, Network and Edge, Mobileye, and Intel Foundry Services segments. The company's products portfolio comprises central processing units and chipsets, system-on-chips (SoCs), and multichip packages; mobile and desktop processors; hardware products comprising graphics processing units (GPUs), domain-specific accelerators, and field programmable gate arrays (FPGAs); and memory and storage, connectivity and networking, and other semiconductor products.